Global Ship Lease's Series B Preferred Shares Yield Pushes Past 10.5%

In trading on Wednesday, shares of Global Ship Lease, Inc.'s 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (GSL. RB) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $20.60 on the day.
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